Overview Property Details Payment Calculator Walkability

Expired

45 Freeland St, Worcester MA 01603

$625,000

Estimated $1,498.10/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $208,333.33

Total Rent: 56280/year

Estimated CAP Rate: 8.07%

8 Bedrooms

3 Full Baths

3,387 SqFt

Total Parking: 3

5,068 SqFt

An amazing opportunity to own a well maintained, updated 3 family home in Clark University tuition free zone. All units have the same size. Third floor apartment will be vacant for new owner occupancy. Recent updates are vinyl windows, bathrooms, kitchens, electrical servic...

This home has been viewed 26 times

Last Checked: May 6th, 2024 at 11:40pm (Source: MLS PIN #73053783)

Gross Income: $56,280

Gross Expenses: $5,816

Net Income Calc: $50,464

CAP Rate: 8.07%

Annual Expenses for 45 Freeland St, Worcester MA 01603

Total Gross Expenses (Calculated)$5,816/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$5,816

Annual Income & Unit Breakdown for 45 Freeland St, Worcester MA 01603

Total Gross Income (Calculated)$56,280

Unit 1

Rental Income$1,840

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$1,500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 3

Rental Income$1,350

LeaseN

Bedrooms3

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 45 Freeland St, Worcester MA 01603

Listing ID73053783

Property TypeMulti Family / 3 Family

Price$625,000 ($184.53/SqFt)

Style3 Family - 3 Units Up/down

CityWorcester

CountyWorcester

MLS AreaWebster Square

Neighborhood(s)

Approximate Living Area Total3,387 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking3

Garage Parking

Year Built1917

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRG-5

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 45 Freeland St, Worcester MA 01603

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$55,680

Total Net Income By Broker$55,680

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 45 Freeland St, Worcester MA 01603

Real Estate Taxes$5,816

Tax Year2022

Assessed Value$382,400

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$55,680

BostonRealEstate.com Gross Income

Total Net Income By Broker$55,680

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.07%

Location Information for 45 Freeland St, Worcester MA 01603

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaWebster Square

Area AmenitiesHighway Access, House Of Worship, Public School, Shopping, Medical Facility, Laundromat, Public Transportation, T-station, Private School, University

Contact Information for 45 Freeland St, Worcester MA 01603

Agent

Name: Myai Emery-Le

MLS ID: K8001586

Office ID: AN7865

National Association ID: 453010009

Address: 800 Main Street Unit 264

City: Holden

State: MA

Zip: 01520

Office

Name: Charlton Realty

MLS Office ID: NB4819

Phone: 508-425-7233

Payment Calculator

$4,335.72 per month

30 Years Fixed, 6.75% Interest

Property Taxes $484.67

Principal & Interest $3,851.05

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Charlton Realty

Myai Emery-Le

Agent Phone

Office Phone

(508) 425-7233

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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[year_built] => 1917
    [year_built_details] => Approximate
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EXIT

Expired

45 Freeland St, Worcester MA 01603

$625,000

Annual Expenses for 45 Freeland St, Worcester MA 01603

Annual Income & Unit Breakdown for 45 Freeland St, Worcester MA 01603

General Information for 45 Freeland St, Worcester MA 01603

Disclosures for 45 Freeland St, Worcester MA 01603

Financial Information for 45 Freeland St, Worcester MA 01603

Location Information for 45 Freeland St, Worcester MA 01603

Contact Information for 45 Freeland St, Worcester MA 01603

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Charlton Realty

Myai Emery-Le